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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,200 1 10,400 2 13,100 3 15,000 4 12,100

Solo Corp. is evaluating a project with the following cash flows:

Year Cash Flow

0 $ 28,200

1 10,400

2 13,100

3 15,000

4 12,100

5 8,600

The company uses an interest rate of 10 percent on all of its projects.

a. Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

b. Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

c. Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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